Definition of 'unearned income'. unearned income (ÊnÉËÊ³nd ÉªÅkÊm ) Unearned income is money that people gain from interest or profit from property or investment, rather than money that they earn from a job. Reduction in the tax on unearned income could be a boost for small businesses.
Email Print Text Size. President Obamaâs trusted senior advisor, Valerie Jarrett, was a key player in the effort to cover up that Attorney General Eric Holder lied to Congress about the Fast and Furious scandal, according to public records obtained by Judicial Watch.
On Wednesday, his role had changed, but the debate was the same: Republican were asking what exactly Obama was trying to hide by invoking his right to executive privilege for the first time. The administration is refusing to turn over documents related to the Justice Departmentâs âFast and Furiousâ operation, which involved the flow of illegal guns to Mexico.